Shiba Inu (SHIB) has recently catapulted into the spotlight, experiencing a remarkable price increase of approximately 35% within just a week. This sudden surge has pushed its market capitalization beyond the $11.5 billion mark, solidifying its position as the 14th-largest cryptocurrency by market cap and the second-largest meme coin, following in the footsteps of the
Crypto
Roman Storm, co-founder of the controversial crypto mixing service Tornado Cash, finds himself at the center of a significant legal battle as he prepares for an upcoming trial in New York on December 2. Accused of serious offenses, including conspiracy to commit money laundering and operating an unlicensed money-transmitting business, Storm’s case raises profound questions
In a significant development for the cryptocurrency community, a Singapore court has issued a four-month moratorium for the Indian exchange WazirX, allowing it to regain some semblance of stability following a severe hack that resulted in the loss of $234 million. This incident shook the trust of approximately 45% of WazirX’s customers, highlighting the vulnerabilities
Chainlink’s native token, LINK, has recently experienced a notable price surge, a development that can largely be attributed to heightened on-chain activity and the growing confidence of investors in the platform. A comprehensive analysis from blockchain intelligence firm Santiment points to favorable technical indicators that not only suggest a forthcoming price increase but also hint
The intricate dance of politics often takes unexpected turns, and the recent indictment of New York City Mayor Eric Adams is a stark reminder of the vulnerabilities inherent in public office. As a figure who rose from the ranks of a police captain to the storied role of mayor, Adams has faced scrutiny that goes
Bitcoin’s trajectory is currently in a precarious position, with its price behavior crucial to understanding where the broader cryptocurrency market is headed. After bouncing off the $52,000 support level, Bitcoin has surged, recently breaking through significant resistance points at $56,000 and $60,000. Each of these levels has historically acted as both psychological barriers and trading
The landscape of Bitcoin investments is witnessing significant shifts as the United States reasserts its position as a dominant player in the cryptocurrency market. Recently, Ki Young Ju, the founder of CryptoQuant, highlighted that the U.S. is regaining its foothold concerning Bitcoin (BTC) holdings among global players. This trend is believed to be spurred by
In a significant move reflecting the complexities of operating within varied legal frameworks, Binance, the leading cryptocurrency exchange worldwide, has announced the removal of Turkish language support from its platform. This change, effective September 27, stems from recent legal compliance requirements imposed by Turkish lawmakers. While it may seem like an inconvenience to Turkish users,
Recent developments in the blockchain industry highlight the ongoing interest in innovative betting platforms, particularly with Polymarket making headlines for its potential funding round. According to a report from The Information dated September 23, the New York-based prediction market platform is engaging in talks to secure an impressive $50 million in backing. This comes as
In recent weeks, the topic of regulatory practices surrounding cryptocurrency has gained significant traction, particularly with the Securities and Exchange Commission (SEC) under scrutiny. Led by Republican lawmakers such as Rep. Patrick McHenry and Sen. Cynthia Lummis, concerns have emerged regarding the SEC’s Staff Accounting Bulletin No. 121 (SAB 121) regarding crypto custody. This renewed